Tin Chloride Market

Tin Chloride Market Size, Share Till 2027
Tin Chloride is a white, crystalline, powdered material, which is also called as
stannous chloride. Tin chloride creates an aqueous solution that tends to endure
hydrolysis, especially if it is hot. It has chemical formula SnCl2, however, it
should not be confused with SnCl4 as it is the chemical formula for stannic
chloride. Tin chloride is mostly used as a sensitizing agent for plastic, metallic,
and glass surfaces to prepare plastics and metals for metalizing electronic
components, mirrors. Tin chloride finds applications in various industries such
as in packaging for packaged food, electronics, and metalized glazing. It is also
used as a reducing agent for drilling, in thermoplastic elastomers, tin
electroplating bath, polymers, tanning agent, and as a catalyst in the
pharmaceutical industry.
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Market Regional Analysis
Asia Pacific is expected to account for the largest market share in the global tin
chloride market in the near future. This is owing to increasing demand for tin
chloride from emerging economies such as India and China. Moreover, rapid
growth showing by countries in Africa, the Middle East, and Latin America is
expected to propel the market growth. Furthermore, growing population in
counties is increasing the demand for tin chloride and subsequently supporting
growth of the market.
Market Players
Major players operating in global tin chloride market include Yunnan Tin
Group, Showa America, ACIMA Specialty Chemicals, The European Fine
Chemicals Group (EFCG), Shanghai NANWEI Chemicals, Mason Corporation,
Showa Kako Corporation, and Liuzhou China Tin Group Co., Ltd.
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Global tin chloride market size is expected to expand significantly during the forecast period, owing to increasing demand for tin chloride from various industries worldwide.